The COVID-19 pandemic’s continued impact on Spotify’s business was apparent in the results of the company’s Q2 2020 earnings today. On some fronts, Spotify had good news. As more users turned to streaming services to keep themselves entertained …
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OnDeck, the once highflying online lender that fell on tough times made worse by the COVID-19 pandemic, is being sold to Enova ENVA -6.4% International for about $90 million. Enova, the online lender for consumers and small businesses, is paying a 90% …
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… confirming an earlier report by Bloomberg. The deal shapes up to be one of this year's biggest private equity buyouts of a listed European company.
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Wells Fargo stock (NYSE: WFC) lost more than 53% – dropping from $54 at the end of 2019 to around $25 in late March – which is also the current level. This can be attributed to two factors: The Covid-19 outbreak and economic slowdown meant that market …
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Seemingly from nowhere, French automaker PSA has assaulted a tardy Volkswagen to deliver what could be the people’s electric car. Yes, the Renault Zoe and the Nissan Leaf, along with strong EV players from Hyundai and Kia, rule the sub-€40,000 EV …
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